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UNIONS PROTESTING WI "RIGHT-TO-WORK" BILL; GOV SCOTT WALKER TO SIGN IT MONDAY
John Layfield: I think they should. Workers everywhere do love it. Look at some of the numbers. 74 percent of Americans want to be in right to work states. When you talk about workers themselves, percentage point lower unemployment in right-to-work states and 2012 editorial in Wall Street Journal said the last ten years previous to that, right-to-work compensation had gone up four times that, states that were not right-to-work. Look at Michigan when you had the right-to-work, how many people dropped out of unions? Americans want a choice. When Taft-Hartly came in 1947 which meant you had to be part of a union to work at a place, that made those illegal. It went from 6.6 percent In private enterprise. 93.4 percent of businesses think unions are inefficient and harm business. I go with the majority.
Emily Tisch Sussman: These go to private companies and say it's illegal to have all your workers in a union. We see the decline in unions led to a depression in wages. People are going back to work. The new jobs numbers this week are showing us we are at a 5.5 percent unemployment. Wages are flat. We see that correlation as there is a decline, wages are not going up. Unions bargain on behalf of everyone, not just the people in their union.
Gary B. Smith: I'm scratching my head, with all due respect to Emily. I don't understand where she is getting her numbers. In almost every metric right-to-work states are outperforming non right-to-work states. Employment rates are growing much faster than the states that don't have right-to-work. Per capita income, once you adjust for cost of living, it's much higher. Union membership in right-to-work states is dropping dramatically. Across the board, incomes are up, employment is up. What more could you work from a law? This is benefitting workers across the board. I think every state will have right-to-work because it makes economic sense.
Jonas Max Ferris: These numbers are right. A state is poaching jobs from another state. Imagine one state didn't have to do the clean air act a lot of factories would move there because they could be dirty and create jobs there for a nation as a whole, it's not as obvious the benefits having a situation. Wages are going to go lower without unions. They are artificially raising wages. If you want low unemployment rate and low wages, unions are bad.
Melissa Francis: That's ridiculous. It's like you can't do math. If you look at the data, the reason wages are lower right now because since 2007 the only jobs we added have been at the very high end and at the McDonald's level. We lost all the middle class jobs. The manufacturing jobs where the unions were because they went overseas because of the control. You talk about unions driving up wages, no, they have driven all those jobs out of the country. You're crazy.
NEW INTEL REPORT FINDS MORE RELEASED GITMO DETAINEES JOINING TERROR FIGHT
John Layfield : As our friend Tracy Byrnes said a couple of weeks ago, if they are not going to rot in hell, let them rot in jail. I don't care about closing Guantanamo Bay, but they need to be housed somewhere. That is our facility. You say they've been down there so long they are ineffective. Nelson Mandela was in prison 27 years and came out for good and ran a country. Camp Bucca gave us the leadership of ISIS. These guys are there for a reason. They are not there for parking tickets. There is no reason to let them out because your political ideology about Guantanamo Bay.
Emily Tisch Sussman: The biggest reason to close it is it actually does have more harm than good. There are currently 129 detainees in Gitmo. But the people being recruited is so many more than that. It is so costly.
Melissa Francis: We have to decide what we are doing here. The same day we are flying sorties, let's decide whether we are going after these people and trying to kill them or releasing them back to the battlefield? Pick a side. Pick a policy and stick to it.
Jonas Max Ferris: Every time you let somebody out of any prison, a certain percentage is going back to whatever got them back in prison. We don't put everybody in jail to negate that totally. Forget the morality of running a police state. These are young people in this prison. To keep them in there for life, that is $50 million a head for life. Are they going to each do $50 million in damage? That seems unlikely. You can put an ankle bracelet on them. There has to be a way to mitigate that damage to society. $50 Million perfect person to for life will bankrupt us.
Gary B. Smith: Look, this is not just some criminal out there that did a smash-and-grab and we are letting it in and he does a carjacking. This is equivalent of mass murders out there could they cost $50 million in damage? Yes. They bombed the world trade center, for crying out loud. As to Emily's argument on it's a recruiting tool. I don't get that. Are you saying there are terrorists out there saying i don't know if i want to be a terrorist? They have Gitmo? Yeah. Sign me up. That doesn't make any sense at all. These people out there hate the United States whether they are at Gitmo or it's Club Med down there.
NEW PREMIUM SPIKE FEARS AS SUPREME COURT DECIDES FATE OF HEALTHCARE LAW SUBSIDIES
Gary B Smith : The whole essence is to boil down ObamaCare into one thing. It's a tax on everyone that can't afford to pay. So the people like myself, if you will, have to pay. I've seen my premiums gone up 30 percent. If everyone chips in, we'll be able to pay for the 30 million or so uninsured. Even with ObamaCare right now, 30 million uninsured. It's clearly working, if you will.
Eily Tisch Sussman: This law, the impact of this case are huge. There are 36 states that have federal marketplaces, which means they did not set up their own. They are getting the subsidies. That is the question in this case. If the justices rule against the government and say they can no longer get subsidies in these federal marketplaces, this will create the death spiral people were so concerned about Obamacare that has not come to fruition. It will if justices rule against ObamaCare.
Melissa Francis: It's your money either way. You are talking about if you take the subsidies away, everybody's health care premiums will spike through the roof. Where do you think the money comes from? The exact same people, your tax dollars. There isn't a money tree in Washington where this money is miraculously coming out of the sky. It's hard-working people's money either way paying for people who couldn't afford insurance before because they use a lot of insurance out of the system. They use a lot of health care because they are already ill or not working. We are all paying for everyone else to have insurance.
Jonas Max Ferris : Emily is right. It is the key component of it. It's unclear what will happen because if the government mandated you go to college and subsidized everybody who couldn't afford to, removing that subsidy isn't going to make tuition go up. It will go down because there is less artificial demand for insurance. That's one thing to think about. Another thing, the people that are going to get the subsidies, this is an economic show so we'll talk about are the poor people who don't have jobs to pay for it. Any insurance executive will tell you off the record; those people are not very healthy. They are more likely to smoke, be overweight, and have diabetes and a whole host of conditions they are not looking to pay for. I don't know what the effect will be on the other tears of people paying insurance. Other pieces mate stay in place like a mandate.
John Layfield : Subsidies cover as much as 89 percent of the premium. Try taking away something you've given to somebody for free. That's why we have a hard time dealing with entitlements. This will be a mess. I don't know how bad a mess but the supreme court -- this is a political court. They rule along ideological lines. They rule according to their political leanings. They are going to do what they think is best politically. I'm not sure what that is.
STOCK PICKS
Gary B. Smith: iWATCH AND "iDOW" HAS (AAPL)
CLOCKING A 30% GAIN BY 2016
John Layfield - HEAT UP YOUR PROFITS WITH
(AAL); UP 10% BY SUMMER
Jonas Max Ferris SPLURGING ON PETS HAS (IDXX)
BARKING UP A 15% PROFIT IN 1 YR
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